SAIC to sell 5.02 million vehicles by 2023

Vehicle sales in the four quarters were 89, 1.18, 1.31 and 1.64 million units respectively, realizing "quarter-on-quarter increase" and increasing momentum of stabilization and recovery, and maintaining the No.1 sales volume in China for eighteen consecutive years.

 In terms of sales of new energy vehicles and export trade, the company took the lead in 2022 to stand on the "double million units" stage, and then hit a new record high in 2023: annual sales of 1.123 million new energy vehicles, up 4.6% year-on-year, sales ranked second among domestic automobile enterprises; annual sales of export trade amounted to 1.208 million, up 18.8% year-on-year, helping China's auto export volume catch up with Japan to become the world's first. growth of 18.8%, the eighth consecutive year of China's domestic industry first, helping China's auto exports catch up with Japan to leap to the world's first.

In 2023, SAIC's export sales reached 1.208 million units, an increase of 18.8% year-on-year, leading among Chinese automobile enterprises for eight consecutive years; among them, the sales of independent brands accounted for nearly 92%, and the sales of new energy vehicles accounted for nearly 24%.
MG4EV, SAIC's first global car based on the exclusive series platform of Nebula Pure Electric Vehicle, has landed in more than 80 countries in six continents, and has successfully won more than 30 authoritative overseas awards, such as the "British, French, German, and Australian Model of the Year Grand Slam".

In 2023, the sales of MG4 EV in Europe will exceed 100,000 units, making it the champion of compact pure EV sales, and Europe will become SAIC's first "200,000-unit-level" regional market for foreign trade exports. Next, SAIC will launch 14 new intelligent electric "global cars" in the foreign export market, further expanding its foreign export product camp and realizing "full coverage" of the mainstream market segments.
SAIC will adhere to the user-centered approach, focus on the new electric and intelligent track, accelerate the formation and continuous growth of new productivity, lead the transformation and upgrading of the industry, and strive to make greater contributions to the construction of China's automotive powerhouse and the high-quality development of Shanghai's economy.

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